Property Details

501 & 502, 401 4 Street
Rural Cypress County (A2351682)

$169,000
2
2
1,041 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Some Places Are Worth Visiting. Elkwater Is Worth Owning! Imagine waking up in the Cypress Hills with no particular plans and an entire day to enjoy them! Coffee in the morning sunshine, a walk through the trees, perhaps an afternoon on the lake or a round of golf. Maybe you'll spend the whole day exploring, or maybe you'll find a comfortable spot and decide the view is entertainment enough. That's the beauty of Elkwater. There's plenty to do, and absolutely no reason to rush! Located at Elkwater Lake Lodge, units 501 and 502 are being sold together, offering a unique opportunity to own two adjoining suites that can be enjoyed independently or combined through an interior connecting door. The main suite features a full kitchen, dining area, living room with fireplace, a separate bedroom, and a spacious bathroom with a soaker tub and shower. The adjoining studio suite provides additional sleeping space, a sink, bar fridge, microwave, and its own bathroom with shower. Step outside to the lodge's treed grounds and enjoy the fresh air and beautiful natural surroundings. With an indoor swimming pool and on-site dining, there are even a few reasons to spend the day right at the lodge! And there's no need to pack away the fun when summer ends. Autumn brings colourful trails and crisp mornings, while winter opens the door to downhill skiing, cross-country skiing, skating, and snowshoeing. Every season offers a different way to experience this beautiful corner of Alberta. Here's where ownership gets interesting! Both suites come fully furnished, so everything is ready for you to start enjoying your time in Elkwater. Owners can enjoy up to 120 days of personal use each year, subject to availability, while the suites participate in the lodge's managed rental pool for the remainder of the year. The hotel handles guest bookings, cleaning, and maintenance, with rental revenue split 60% to the owner and 40% to the hotel. The owner's portion is applied toward condominium fees, with electricity paid separately by the owner. There's something pretty special about having a place in one of Alberta's most beautiful destinations. A place to make memories, spend time with the people you love, and enjoy a change of scenery whenever the opportunity comes along. With the comforts of your own space and the conveniences of a resort, this is an opportunity to make the Cypress Hills part of your story for years to come!

Property details

Basic Info

MLS® #
A2351682
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Elkwater
Price
$169,000
Sale/Lease:
For Sale
Size:
1,041 sq.ft.
Bedrooms:
2
Bathrooms:
2
Year Built:
2006 (20 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Style:
Apartment-Single Level Unit
Garage:
No
Parking:
Off Street, Parking Lot, Paved
Fence:
Basement:
No
Features:
Kitchen Island, Laminate Counters, Vinyl Windows
Fireplaces:
1
Inclusions:
n/a
Appliances:
Bar Fridge, Dishwasher, Electric Range, Microwave, Range Hood, Refrigerator
Laundry:
Common Area
Exterior Features:
None
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Lake, Park, Playground, Walking/Bike Paths

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Indoor Pool, Laundry, Snow Removal
Condo Fee:
$1,109
Condo Fee Includes:
Amenities of HOA/Condo, Cable TV, Caretaker, Common Area Maintenance, Gas, Heat, Insurance, Interior Maintenance, Internet, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Pets Allowed:
Yes

Acreage/Farm Info

Nearest Town:
Irvine

Lot / Land Info

Legal Land Desc:
24-8-3-W4
Water:
Public
Sewer:
Public Sewer
Zoning:
PP

Materials & Systems

Exterior:
Stone,Wood Siding
Floors:
Carpet, Ceramic Tile
Foundation:
None
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Amenities:
Lake, Park, Playground, Walking/Bike Paths

Listing Info

Possession:
Negotiable
Days on Market:
2
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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